S.Africa's Eskom to ink 27 renewable energy projects with private producers

S.Africa's Eskom to ink 27 renewable energy projects with private producers
An Eskom logo is seen at the entrance of their head offices in Sunninghill, Sandton
CAPE TOWN (Reuters) - South Africa's state power utility Eskom will sign purchase agreements with independent producers for 27 renewable energy projects on March 13 that will generate 56 billion rand ($4.7 billion) in investments, the energy minister said on Thursday.

There have been numerous delays in getting such projects, which are seen as crucial to reducing South Africa's heavy reliance on coal, off the ground.

($1 = 11.8927 rand)

(Reporting by Wendell Roelf; Writing by Ed Stoddard; Editing by Joe Brock)

2018-03-08 13:15:04

© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Most read today
Most read yesterday
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa